This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Boeing Increases 787 Production Rate

EVERETT, Wash., Nov. 12, 2012 /PRNewswire/ -- Boeing (NYSE: BA) employees last week rolled out the first 787 Dreamliner built at the new rate of five-airplanes-per-month. The airplane is the 83rd 787 to be built.

"This accomplishment, doubling our production rate in one year, is the result of the combined efforts of thousands of men and women across Boeing and at our partners," said Larry Loftis, vice president and general manager of the 787 program. "The entire 787 team is focused on meeting our commitments. They've gotten even smarter in how they build this airplane and applied real ingenuity in making our processes and tools more efficient."

Boeing earlier this year increased the rate from 2.5 to 3.5 airplanes per month and is on track to achieve a planned 10-per-month rate by late 2013. The program production rate accounts for airplanes built at Boeing South Carolina and Everett, including the Temporary Surge Line that was activated earlier this year in Everett.

Boeing employees are using teamwork and new technologies to meet production rate increases. Approximately 500 employee involvement teams are actively pursuing improvement efforts across the program. Teams are led by employees working to find ways to improve efficiency, quality, safety and growth.

As just one example illustrative of the efforts happening across the production system, a team developed a small piece of protective equipment to cover the electronic actuators that help move the horizontal stabilizer. The plastic covering is now used across the program to protect the actuators during the production process. In addition, this small change has resulted in quicker production completion times.

"The work our teams are doing to continuously improve is making this program more efficient," added Loftis. "Their commitment to doing the job with high quality and making improvements to the system is outstanding."

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free


Chart of I:DJI
DOW 16,790.19 +13.76 0.08%
S&P 500 1,979.92 -7.13 -0.36%
NASDAQ 4,748.3610 -32.9030 -0.69%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs